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FUNDING AGREEMENT This agreement (the "Agreement") is made and entered into to be effective as of October 1, 2009, between the City of San Marcos (the "City"), 630 East Hopkins, San Marcos, Texas, and the Village of San Marcos (the "Village"), 1901 Dutton Drive, Suite E, San Marcos, Texas 78666, The City and the Village may be referred to as a "Party" or, collectively, as the "Parties". RECITALS WHEREAS, the Village of San Marcos, inc. is a Texas nonprofit corporation exempted from certain taxes as a charitable organization under Section 501(c)(3) of the United States Internal Revenue Code which represents a consortium of public, non-profit and community based organizations; and WHEREAS, the Village, among other activities in furtherance of its tax-exempt charitable purposes, has acquired land and constructed facilities for the purpose of creating a centralized recreational and social services center, often referred to as a "one-stop" center, on Reimer Street near Hunter Road in the City of San Marcos (the "Land")' where members of the consortium and other such public and non-profit charitable organizations may provide services to their constituents (a site plan showing the location of the Land in the area labeled "The Village Hall Main Building" and general layout of the one stop center is attached hereto as Exhibit "A"); and WHEREAS, the Village intends to expand its facilities on the Land by constructing an administrative complex consisting primarily of office and business meeting space available for lease to the various members of the consortium and other such public and non-profit organizations that may be approved by the Village from time to time (the "Village Main Project"); and WHEREAS, the Village will incur certain expenses related to the design of the Village Main Project and has requested that the City assist by providing funds for such expenses; and WHEREAS, the City believes that the services provided by the Village, its member organizations and other such social service and charitable organizations alleviate burdens on local government and address many of the health, safety and welfare concerns of the community and that the Village Main Project will enable them to more effectively provide these services; and WHEREAS, the Village Main Project will further benefit the City by enabling the consolidation of local social services agencies, including city, county and state in one location within the city of San Marcos. WHEREAS, for the reasons stated above, the City finds that the Village Main Project serves a public purpose and is in the best interests of the residents of the City of San Marcos and wants to provide funding for the Village Main Project as set forth below.